Integrated Filing — IndAS



General information about company

Scrip Code 533023
NSE Symbol ZFCVINDIA
MSEI Symbol NOTLISTED
ISIN INE342J01019
Name of company ZF COMMERCIAL VEHICLE CONTROL SYSTEMS INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 04-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Automotive Components and Allied Services
Start date and time of board meeting 04-11-2025   14:20:00
End date and time of board meeting 04-11-2025   15:32:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 06-02-2025
Indicate Company website link for updated RPT policy of the Company https://www.zf.com/mobile/en/company/investor_relations/zf_cv_india_investor_relations/zf_cv_india_ir.html#
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The Company does not have any Loans and Debt Securities and hence the disclosure is not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 90,179.55 1,86,502.76
Other income 4,451.90 11,157.13
Total income 94,631.45 1,97,659.89
2 Expenses
(a) Cost of materials consumed 51,246.09 1,06,207.33
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (469.99) 304.62
(d) Employee benefit expense 14,400.15 29,406.76
(e) Finance costs 124.19 255.25
(f) Depreciation, depletion and amortisation expense 3,170.65 6,389.34
(f) Other Expenses
1 Other expenses 11,790.45 24,578.77
Total other expenses 11,790.45 24,578.77
Total expenses 80,261.54 1,67,142.07
3 Total profit before exceptional items and tax 14,369.91 30,517.82
4 Exceptional items 0.00 0.00
5 Total profit before tax 14,369.91 30,517.82
6 Tax expense
7 Current tax 3,831.29 8,283.43
8 Deferred tax (108.38) (430.10)
9 Total tax expenses 3,722.91 7,853.33
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 10,647.00 22,664.49
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 10,647.00 22,664.49
17 Other comprehensive income net of taxes 245.62 227.28
18 Total Comprehensive Income for the period 10,892.62 22,891.77
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 948.38 948.38
Face value of equity share capital 5 5
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 56.13 119.49
Diluted earnings (loss) per share from continuing operations 56.13 119.49
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 56.13 119.49
Diluted earnings (loss) per share from continuing and discontinued operations 56.13 119.49
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 69,136.13
Capital work-in-progress 5,980.35
Investment property 2,026.37
Goodwill 0.00
Other intangible assets 726.72
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 277.33
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets 1,771.05
Total non-current financial assets 2,048.38
Deferred tax assets (net) 2,849.01
Other non-current assets 6,845.95
Total non-current assets 89,612.91
2 Current assets
Inventories 25,724.53
Current financial asset
Current investments 42,439.53
Trade receivables, current 88,574.00
Cash and cash equivalents 16,244.19
Bank balance other than cash and cash equivalents 1,30,845.81
Loans, current 800.00
Other current financial assets 4,526.06
Total current financial assets 2,83,429.59
Current tax assets (net)
Other current assets
Total current assets 3,09,154.12
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 3,98,767.03
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 948.38
Other equity 3,39,419.76
Total equity attributable to owners of parent 3,40,368.14
Non controlling interest
Total equity 3,40,368.14
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 5,219.93
Total non-current financial liabilities 5,219.93
Provisions, non-current 2,290.94
Deferred tax liabilities (net) 0.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 0.00
Total non-current liabilities 7,510.87
Current liabilities
Current financial liabilities
Borrowings, current 0.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 405.23
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 35,017.33
Total Trade payable 35,422.56
Other current financial liabilities 5,291.14
Total current financial liabilities 40,713.70
Other current liabilities 4,775.07
Provisions, current 3,312.07
Current tax liabilities (Net) 2,087.18
Deferred government grants, Current 0.00
Total current liabilities 50,888.02
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 58,398.89
Total equity and liabilites 3,98,767.03
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurements of defined benefit liability / (asset) 307.44 284.48
Total Amount of items that will not be reclassified to profit and loss 307.44 284.48
2 Income tax relating to items that will not be reclassified to profit or loss 61.82 57.20
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 245.62 227.28



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 30,517.82
Adjustments for reconcile profit (loss)
Adjustments for finance costs 255.25
Adjustments for decrease (increase) in inventories (7,079.99)
Adjustments for decrease (increase) in trade receivables, current 23,989.57
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (1,299.15)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 50.90
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 3,061.08
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 6,389.34
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss (780.31)
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (1,116.22)
Adjustments for dividend income 0.00
Adjustments for interest income 4,454.52
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (1,080.51)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 205.82
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 18,141.26
Net cash flows from (used in) operations 48,659.08
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 4,074.97
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 44,584.11
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 5,858.24
Proceeds from sales of investment property 0.00
Purchase of investment property 157.40
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 300.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 5,413.96
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (36,504.04)
Net cash flows from (used in) investing activities (37,405.72)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 0.00
Payments of lease liabilities 448.22
Dividends paid 3,603.84
Interest paid 254.03
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (4,306.09)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 2,872.30
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 651.45
Net increase (decrease) in cash and cash equivalents 3,523.75
Cash and cash equivalents cash flow statement at beginning of period 12,720.44
Cash and cash equivalents cash flow statement at end of period 16,244.19





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 B S R & Co. LLP Yes 31-07-2028


Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 ZF Commercial Vehicle Control Systems India Limited Guangdong WABCO Vehicle Brakes Co., Ltd. Fellow Subsidiary Purchase of goods or services 100.00 Nil 0.00 0.00 0.00
2 ZF Commercial Vehicle Control Systems India Limited WABCO Asia Private Ltd. Fellow Subsidiary Sale of goods or services 750.00 Nil 243.33 14.22 18.08
3 ZF Commercial Vehicle Control Systems India Limited Wabco Compressor Manufacturing Co Fellow Subsidiary Purchase of goods or services 250.00 Nil 35.94 51.88 2.32
4 ZF Commercial Vehicle Control Systems India Limited Wabco Compressor Manufacturing Co Fellow Subsidiary Sale of goods or services 3,000.00 Nil 18.96 20.89 30.90
5 ZF Commercial Vehicle Control Systems India Limited Wabco IP Holdings LLC Fellow Subsidiary Any other transaction Receipt of services - Royalty 1,800.00 Nil 101.89 103.17 131.44
6 ZF Commercial Vehicle Control Systems India Limited Wabco Korea Ltd. Fellow Subsidiary Sale of goods or services 500.00 Nil 397.35 82.67 136.87
7 ZF Commercial Vehicle Control Systems India Limited WABCO Radbremsen GmbH Fellow Subsidiary Sale of goods or services 100.00 Nil 0.25 0.00 0.25
8 ZF Commercial Vehicle Control Systems India Limited WABCO USA LLC Fellow Subsidiary Sale of goods or services 5,000.00 Nil 4.91 265.32 143.51
9 ZF Commercial Vehicle Control Systems India Limited ZF (Shanghai) Management Co., Ltd. Fellow Subsidiary Purchase of goods or services 1,900.00 Nil 788.89 90.16 0.48
10 ZF Commercial Vehicle Control Systems India Limited ZF (Shanghai) Management Co., Ltd. Fellow Subsidiary Sale of goods or services 150.00 Nil 34.58 82.00 83.85
11 ZF Commercial Vehicle Control Systems India Limited ZF Active Safety and Electronics US LLC Fellow Subsidiary Purchase of goods or services 400.00 Nil 5.44 4.42 0.00
12 ZF Commercial Vehicle Control Systems India Limited ZF Active Safety GmbH Fellow Subsidiary Any other transaction Receipt of services (Engineering Service) 500.00 Nil 0.00 0.00 0.00
13 ZF Commercial Vehicle Control Systems India Limited ZF Automotive Brasil Ltda. Fellow Subsidiary Sale of goods or services 2,700.00 Nil 930.84 236.39 508.58
14 ZF Commercial Vehicle Control Systems India Limited ZF Automotive Brasil Ltda. Fellow Subsidiary Purchase of goods or services 800.00 Nil 16.41 68.25 0.11
15 ZF Commercial Vehicle Control Systems India Limited ZF Commercial Vehicle Solutions India Private Limited Fellow Subsidiary Any other transaction Rendering of Services - Seat Sharing Oragadam 6.00 Nil 1.25 3.21 1.77
16 ZF Commercial Vehicle Control Systems India Limited ZF Commercial Vehicle Systems (Qingdao) Co., Ltd. Fellow Subsidiary Purchase of goods or services 4,500.00 Nil 1,483.59 805.03 97.58
17 ZF Commercial Vehicle Control Systems India Limited ZF Commercial Vehicle Systems (Qingdao) Co., Ltd. Fellow Subsidiary Sale of goods or services 1,900.00 Nil 329.25 826.85 464.11
18 ZF Commercial Vehicle Control Systems India Limited ZF Commercial Vehicle Technology (Jiaxing) Co., Ltd. Fellow Subsidiary Purchase of goods or services 100.00 Nil 0.00 2.22 0.00
19 ZF Commercial Vehicle Control Systems India Limited ZF CV Control Systems Manufacturing India Private Limited Wholly owned Subsidiary Purchase of goods or services 2,000.00 Nil 541.94 247.16 0.00
20 ZF Commercial Vehicle Control Systems India Limited ZF CV Control Systems Manufacturing India Private Limited Wholly owned Subsidiary Sale of goods or services 1,300.00 Nil 309.58 617.16 507.21
21 ZF Commercial Vehicle Control Systems India Limited ZF CV Control Systems Manufacturing India Private Limited Wholly owned Subsidiary Loan 1,000.00 Nil 800.00 0.00 800.00 Loan 9.200 10 years Unsecured working capital
22 ZF Commercial Vehicle Control Systems India Limited ZF CV Distribution Germany GmbH & Co KG Fellow Subsidiary Purchase of goods or services 600.00 Nil 0.00 106.33 0.00
23 ZF Commercial Vehicle Control Systems India Limited ZF CV Logistics Germany GmbH Fellow Subsidiary Sale of goods or services 150.00 Nil 9.70 0.00 9.70
24 ZF Commercial Vehicle Control Systems India Limited ZF CV Middle East and Africa FZCO Fellow Subsidiary Sale of goods or services 1,100.00 Nil 339.42 155.78 92.23
25 ZF Commercial Vehicle Control Systems India Limited ZF CV Solutions (Thailand) Limited Fellow Subsidiary Purchase of goods or services 100.00 Nil 0.00 1.04 0.00
26 ZF Commercial Vehicle Control Systems India Limited ZF CV Solutions (Thailand) Limited Fellow Subsidiary Sale of goods or services 1,100.00 Nil 85.06 29.41 15.82
27 ZF Commercial Vehicle Control Systems India Limited ZF CV Solutions (Thailand) Limited Fellow Subsidiary Any other transaction Reimbursement of Expenses 100.00 Nil 4.50 0.00 0.71
28 ZF Commercial Vehicle Control Systems India Limited ZF CV Solutions Japan, Inc. Fellow Subsidiary Sale of goods or services 2,700.00 Nil 1,245.49 347.02 460.59
29 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Europe BV Fellow Subsidiary Any other transaction Receipt of services - Royalty 15,000.00 Nil 4,336.83 827.92 4,004.36
30 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Europe BV Fellow Subsidiary Sale of goods or services 1,600.00 Nil 415.25 229.67 291.49
31 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Europe BV Fellow Subsidiary Any other transaction Receipt of services (IT Support Service) 500.00 Nil 0.00 0.00 0.00
32 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Europe BV Fellow Subsidiary Any other transaction Reimbursement of Expenses 50.00 Nil 0.00 0.00 0.00
33 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Global GmbH Fellow Subsidiary Purchase of goods or services 30,000.00 Nil 4,673.31 1,330.47 254.10
34 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Global GmbH Fellow Subsidiary Purchase of fixed assets 200.00 Nil 0.00 0.00 0.00
35 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Global GmbH Fellow Subsidiary Any other transaction Receipt of services - License Fee 1,800.00 Nil 54.14 0.00 0.00
36 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Global GmbH Fellow Subsidiary Any other transaction Rendering of Services - Research and Development Services 13,000.00 Nil 4,314.60 3,428.65 1,337.89
37 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Global GmbH Fellow Subsidiary Any other transaction Rendering of Services - Software Development 45,000.00 Nil 15,411.59 8,870.98 2,449.54
38 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Global GmbH Fellow Subsidiary Any other transaction Rendering of Services -Shared Services (IT) 9,000.00 Nil 2,835.30 839.23 512.62
39 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Global GmbH Fellow Subsidiary Sale of goods or services 1,50,300.00 Nil 43,279.99 43,648.44 25,800.17
40 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Hannover GMBH Fellow Subsidiary Sale of goods or services 100.00 Nil 0.22 0.00 0.22
41 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems North America LLC Fellow Subsidiary Sale of goods or services 6,000.00 Nil 0.00 70.71 61.33
42 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Poland Sp. z o.o. Fellow Subsidiary Sale of goods or services 100.00 Nil 0.32 15.23 0.02
43 ZF Commercial Vehicle Control Systems India Limited ZF CV Systems Poland Sp.z.o. o Fellow Subsidiary Any other transaction Rendering of services 100.00 Nil 0.00 0.00 0.00
44 ZF Commercial Vehicle Control Systems India Limited ZF CVS Turkey Fren Sistemleri Sanayi Ticaret Limited Şirketi Fellow Subsidiary Sale of goods or services 1,000.00 Nil 31.77 20.44 26.83
45 ZF Commercial Vehicle Control Systems India Limited ZF CVS Turkey Fren Sistemleri Sanayi Ticaret Limited Şirketi Fellow Subsidiary Purchase of goods or services 150.00 Nil 0.13 0.00 0.00
46 ZF Commercial Vehicle Control Systems India Limited ZF Digital Solutions India Private Limited Fellow Subsidiary Any other transaction Rendering of Services - MSA Fees 150.00 Nil 64.79 12.66 0.00
47 ZF Commercial Vehicle Control Systems India Limited ZF Digital Solutions India Private Limited Fellow Subsidiary Any other transaction Reimbursement of services recieved 100.00 Nil 0.00 0.00 0.00
48 ZF Commercial Vehicle Control Systems India Limited ZF Digital Solutions India Private Limited Fellow Subsidiary Any other transaction Reimbursement for services provided 100.00 Nil 0.00 0.00 0.00
49 ZF Commercial Vehicle Control Systems India Limited ZF Drivetech (Jiaxing) Co., Ltd. Fellow Subsidiary Purchase of goods or services 150.00 Nil 7.15 6.74 0.00
50 ZF Commercial Vehicle Control Systems India Limited ZF Friedrichshafen AG Ultimate Holding Company Purchase of goods or services 7,200.00 Nil 2,220.42 3,174.35 1,026.76
51 ZF Commercial Vehicle Control Systems India Limited ZF Friedrichshafen AG Ultimate Holding Company Any other transaction Receipt of services (IT Cost Recharge) 7,000.00 Nil 2,095.11 0.00 0.00
52 ZF Commercial Vehicle Control Systems India Limited ZF Friedrichshafen AG Ultimate Holding Company Any other transaction Rendering of Services -Shared Services (IT) 500.00 Nil 0.00 0.00 0.00
53 ZF Commercial Vehicle Control Systems India Limited ZF Friedrichshafen AG Ultimate Holding Company Any other transaction Receipt of services (Corporate Guarantee fee ) 50.00 Nil 35.55 0.00 0.00
54 ZF Commercial Vehicle Control Systems India Limited ZF Friedrichshafen AG Ultimate Holding Company Any other transaction Receipt of services (Training cost from ZF FRD ) 300.00 Nil 21.00 0.00 0.00
55 ZF Commercial Vehicle Control Systems India Limited ZF India Private Limited Fellow Subsidiary Purchase of goods or services 100.00 Nil 0.73 0.00 0.00
56 ZF Commercial Vehicle Control Systems India Limited ZF India Private Limited Fellow Subsidiary Any other transaction Receipt of services (Seat Sharing ZF India in Pune office) 30.00 Nil 12.00 0.00 0.00
57 ZF Commercial Vehicle Control Systems India Limited ZF India Private Limited Fellow Subsidiary Any other transaction Receipt of services (INSSC COST) 60.00 Nil 8.20 0.00 0.00
58 ZF Commercial Vehicle Control Systems India Limited ZF India Private Limited Fellow Subsidiary Any other transaction Receipt of services (Talent acquisition) 800.00 Nil 273.19 34.87 170.67
59 ZF Commercial Vehicle Control Systems India Limited ZF India Private Limited Fellow Subsidiary Any other transaction Receipt of services (Seat Sharing ZF India in Mumbai office) 20.00 Nil 2.01 0.00 0.00
60 ZF Commercial Vehicle Control Systems India Limited ZF India Private Limited Fellow Subsidiary Any other transaction Receipt of services (Software Engineering Service) 1,500.00 Nil 0.00 0.00 0.00
61 ZF Commercial Vehicle Control Systems India Limited ZF India Private Limited Fellow Subsidiary Sale of goods or services 100.00 Nil 2.27 69.90 52.30
62 ZF Commercial Vehicle Control Systems India Limited ZF India Private Limited Fellow Subsidiary Any other transaction Rendering of Services - Seat Sharing GBS 120.00 Nil 45.65 0.00 0.00
63 ZF Commercial Vehicle Control Systems India Limited ZF India Private Limited Fellow Subsidiary Any other transaction Transfer of Liabilities - Employee transfer 140.00 Nil 0.00 0.00 0.00
64 ZF Commercial Vehicle Control Systems India Limited ZF India Private Limited Fellow Subsidiary Any other transaction Receipt of Liabilities - Employee transfer 75.00 Nil 0.00 0.00 0.00
65 ZF Commercial Vehicle Control Systems India Limited ZF India Private Limited Fellow Subsidiary Any other transaction Receipt of services (Seat Sharing ZF India in Delhi office) 12.00 Nil 0.00 0.00 0.00
66 ZF Commercial Vehicle Control Systems India Limited ZF India Private Limited Fellow Subsidiary Any other transaction Rendering of Services - Test Track 500.00 Nil 0.00 0.00 0.00
67 ZF Commercial Vehicle Control Systems India Limited ZF Light Vehicle Systems India Private Limited Fellow Subsidiary Any other transaction Rendering of Services - Test Track 250.00 Nil 0.00 0.00 0.00
68 ZF Commercial Vehicle Control Systems India Limited ZF Light Vehicle Systems India Private Limited Fellow Subsidiary Any other transaction Rendering of Services - Seat Sharing 10.00 Nil 0.00 0.00 0.00
69 ZF Commercial Vehicle Control Systems India Limited ZF Light Vehicle Systems India Private Limited Fellow Subsidiary Any other transaction Rendering of Services - Sub-lease 15.00 Nil 1.62 5.11 0.96
70 ZF Commercial Vehicle Control Systems India Limited ZF Rane Automotive India Private Fellow Subsidiary Purchase of goods or services 100.00 Nil 0.00 0.00 0.00
71 ZF Commercial Vehicle Control Systems India Limited ZF Rane Automotive India Private Fellow Subsidiary Any other transaction Rendering of Services - Test Track 100.00 Nil 0.67 0.00 0.00
72 ZF Commercial Vehicle Control Systems India Limited ZF Rane Automotive India Pvt. Ltd. Fellow Subsidiary Any other transaction Receipt of services (Engineering Service) 100.00 Nil 0.76 0.00 0.00
73 ZF Commercial Vehicle Control Systems India Limited Changchun WABCO Vehicle Control System Co., Ltd. Fellow Subsidiary Sale of goods or services 400.00 Nil 0.00 0.00 0.00
74 ZF Commercial Vehicle Control Systems India Limited Guangdong WABCO Vehicle Brakes Co., Ltd. Fellow Subsidiary Sale of goods or services 200.00 Nil 52.06 7.01 59.11
75 ZF Commercial Vehicle Control Systems India Limited ZF Wind Power Coimbatore Private Limited Fellow Subsidiary Any other transaction Transfer of Liabilities - Employee transfer 15.00 Nil 0.00 0.00 0.00
76 ZF Commercial Vehicle Control Systems India Limited ZF Wind Power Coimbatore Private Limited Fellow Subsidiary Any other transaction Receipt of Liabilities - Employee transfer 10.00 Nil 0.00 0.00 0.00
77 ZF Commercial Vehicle Control Systems India Limited ZF Wind Power Coimbatore Private Limited Fellow Subsidiary Any other transaction Reimbursement of employee transfer expenses 2.00 Nil 0.00 0.00 0.00
78 ZF Commercial Vehicle Control Systems India Limited ZF CV Control Systems Manufacturing India Private Limited Fellow Subsidiary Purchase of fixed assets 500.00 Nil 0.00 0.00 0.00
79 ZF CV Control Systems Manufacturing India Private Limited Wabco Korea Ltd. Fellow Subsidiary Any other transaction Reimbursement of Expenses 200.00 Nil 88.27 0.00 88.27
80 ZF CV Control Systems Manufacturing India Private Limited ZF Commercial Vehicle Control Systems India Limited Holding Company Sale of goods or services 2,500.00 Nil 686.30 247.16 35.81
81 ZF CV Control Systems Manufacturing India Private Limited ZF Commercial Vehicle Control Systems India Limited Holding Company Any other transaction Receipt of Services - Sub-lease 150.00 Nil 35.37 63.66 50.93
82 ZF CV Control Systems Manufacturing India Private Limited ZF Commercial Vehicle Control Systems India Limited Holding Company Interest paid 200.00 Nil 31.89 0.00 9.80
83 ZF CV Control Systems Manufacturing India Private Limited ZF Commercial Vehicle Control Systems India Limited Holding Company Any other transaction Receipt of Services - MSA Fees 250.00 Nil 67.57 97.67 95.63
84 ZF CV Control Systems Manufacturing India Private Limited ZF Commercial Vehicle Control Systems India Limited Holding Company Any other transaction Reimbursement of Expenses 500.00 Nil 0.00 173.59 0.00
85 ZF CV Control Systems Manufacturing India Private Limited ZF Commercial Vehicle Control Systems India Limited Holding Company Any other transaction Purchase of property,plant & equipments 1,100.00 Nil 0.00 0.00 0.00
86 ZF CV Control Systems Manufacturing India Private Limited ZF Commercial Vehicle Control Systems India Limited Holding Company Any other transaction Receipt of Services - Sub-Contract service (for manufacturing few products) 150.00 Nil 58.54 0.00 88.45
87 ZF CV Control Systems Manufacturing India Private Limited ZF Commercial Vehicle Control Systems India Ltd Holding Company Purchase of goods or services 1,300.00 Nil 311.90 553.02 460.85
88 ZF CV Control Systems Manufacturing India Private Limited ZF Commercial Vehicle Systems (Qingdao) Co., Ltd. Fellow Subsidiary Purchase of goods or services 5,000.00 Nil 446.56 176.85 274.17
89 ZF CV Control Systems Manufacturing India Private Limited ZF CV Systems Brasil Ltda Fellow Subsidiary Purchase of goods or services 10.00 Nil 0.00 0.00 0.00
90 ZF CV Control Systems Manufacturing India Private Limited ZF CV Systems Global GmbH Fellow Subsidiary Purchase of goods or services 700.00 Nil 28.52 81.25 64.11
91 ZF CV Control Systems Manufacturing India Private Limited ZF CV Systems Hannover GmbH, Germany Fellow Subsidiary Purchase of goods or services 100.00 Nil 0.00 0.00 0.00
92 ZF CV Control Systems Manufacturing India Private Limited ZF India Private Limited Fellow Subsidiary Any other transaction Reimbursement of Expenses 100.00 Nil 0.00 0.00 0.00
93 ZF CV Control Systems Manufacturing India Private Limited ZF India Private Limited Fellow Subsidiary Purchase of goods or services 900.00 Nil 29.96 183.89 12.09
94 ZF CV Control Systems Manufacturing India Private Limited ZF Light Vehicle Systems India Private Limited Fellow Subsidiary Purchase of goods or services 900.00 Nil 337.04 192.42 148.42
Total value of transaction during the reporting period 90,047.12